Panel OKs $1.2 million TIF for waterfront project
The Detroit Lakes Development Authority is moving forward, welcoming developer Drew Olson to town, by granting a tax increment financing district at the corner of Washington Avenue and West Lake Drive.
After he came back this month with a revised plan, the commission granted the request for over $1 million in TIF and a development agreement with Olson, who is with MoDev of Scottsdale, Ariz.
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